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Mizuho Securities Gives a Buy Rating to Alcon (ALC)

Tipranks - Thu Apr 16, 1:27AM CDT

In a report released on April 13, Anthony Petrone from Mizuho Securities assigned a Buy rating to Alcon, with a price target of $95.00. The company’s shares closed yesterday at CHF61.70.

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Petrone covers the Healthcare sector, focusing on stocks such as Pulse Biosciences, Lantheus, and Haemonetics. According to TipRanks, Petrone has an average return of 5.4% and a 47.33% success rate on recommended stocks.

In addition to Mizuho Securities, Alcon also received a Buy from RBC Capital’s Jack Reynolds-Clark in a report issued yesterday. However, on April 7, Stifel Nicolaus maintained a Hold rating on Alcon (NYSE: ALC).

ALC market cap is currently CHF30.83B and has a P/E ratio of 38.35.

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